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Oil Sees Steepest Weekly Slump In Over 3 Months Ahead Of OPEC+ Meeting
Forbes· 2025-10-04 01:10
Oil worker in the Nihran Bin Omar field north of Basra, Iraq. (Photo: Nabil al-Jurani)Copyright 2017 The Associated Press. All rights reserved.Oil futures posted their steepest weekly decline in prices for over three and a half months, as oversupply concerns dominated trading sentiment for much of the week. At the close of trading in London on Friday, the Brent front-month futures contract was trading at $64.79 per barrel, up a 1.05% or 67 cents, but still down nearly 6% from last Friday’s brief uptick abov ...
Market Wrap: Sensex rises 224 points, Nifty above 24,850 as banks, consumer stocks drive second straight gain
The Economic Times· 2025-10-03 18:15
While the broader Nifty ended at 24,894.25, up 57.95 or 0.23%, the 30-stock Sensex settled at 81,207.17, rising 223.86 points or 0.28%.Top Gainers & LosersThe Nifty breadth was mildly tilted towards the bears with 26 stocks settling in the green while 24 in the red. Among the top Nifty Power Grid Corporation, Kotak Mahindra Bank, Eicher Motors, Coal India, In the broader markets, stocks like Among 17 Nifty sectoral indices, 14 finished in the green while 3 in the red. While Nifty Auto fell marginally at 0. ...
Asian shares take a breather: Japanese Yen weakens sharply; Brent and WTI crude prices fall after overnight spike
The Times Of India· 2025-09-25 13:57
Representative imageOil prices slipped after climbing over 2% overnight to seven-week highs, following a surprise drop in US crude inventories that raised supply concerns amid export issues in Iraq, Venezuela, and Russia.S&P 500 futures and Nasdaq futures edged up 0.1% ahead of remarks from Federal Reserve officials, which investors will watch closely for guidance on interest rates.San Francisco Fed President Mary Daly said further rate cuts will likely be needed, though the timing remains uncertain. Fed Ch ...
Brent oil futures climb 2% as Russia flows, U.S. policies in focus
CNBC· 2025-09-02 18:13
Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict. Anton Petrus | Moment | Getty ImagesOil prices gained ground on Tuesday, as Ukraine war escalations raised questions over the resilience of Russian supplies, while uncertainty lingers over the impact of Washington's policies on key oil consumers.Brent futures with November expiry were at $69.46 per barrel at 10:54 a.m. London time ( 5:54 a.m. E.T.), ...